Highlights
Task
a) Understand the differences between financial and managementaccounting and articulate the role of management accounting formanagers in terms of planning, controlling and decision making.
b) Identify the skills that managers need to succeed, includingstrategic management skills; enterprise risk management skills;
process management skills (lean production, theory ofconstraints); measurement skills; and leadership skills.
c) Demonstrate an ability to work both independently and as a teammember in gathering, analysing and presenting financial data.
d) Analyse and interpret financial reports, and calculate ratios inorder to assess business performance, position and liquidity.
e) Demonstrate the importance of ethics and corporate socialresponsibility in business.
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